Commercial Property For Sale in Macassar

Property description

This two-storey building is situated over two Erven. The zoning is General Business 4 zone, making it a prime location for a variety of commercial activities or residential development.
The downstairs of the property is currently being utilized as retail space, with three outlets on the ground floor that are currently leased on a month-to-month basis.

In addition to the retail spaces, the ground floor also features kitchen areas, storage facilities, and bathrooms to cater to the needs of the tenants and customers.

The upper floor of the building consists of 10 rooms and three bathrooms, offering ample space for various purposes.
Great views looking over to the Helderberg mountains.

With a bulk area of 15,625 sqm, this property presents a great opportunity for redevelopment.
Whether you choose to renovate the existing structure or completely redevelop the property, there is a lot of potential to maximize the use of the space and attract a wide range of tenants or businesses looking for a strategic location in the General Business 4 zone.

The property's layout and size make it a versatile option for investors or developers looking to make the most of the available space.
With the flexibility to customize the building to suit different needs, this property can be transformed into a modern commercial hub that caters to the demands of the market.

Whether you are looking to expand your investment portfolio or embark on a new development project, this double-storey building offers a promising opportunity for growth and profitability in the real estate sector.

Priced at a very reasonable R 2, 995, 000.00. This is a transfer duty transaction.
Rentals will be available to serious buyers.

Viewing is strictly by appointment only.

If you are interested in viewing this property, call Frances or Shoaib to arrange a viewing, or to discuss any industrial/ commercial or retail property requirements that you may have.